HIFI TRADING: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
HIFI TRADING
Largest movements
- Cash +€51,887
up €51,887 (+39.9%), from €130,018 to €181,905
mainly Net result for the year (+€32,023) and Trade debts (+€15,492)
- Receivables within one year +€9,731
up €9,731 (+50.2%), from €19,378 to €29,109
of which Trade receivables: +€4,928
- Reserves +€32,000
new in 2025: €32,000
- Trade debts +€15,492
up €15,492 (+151%), from €10,272 to €25,764
- Tax, wage and social debts +€14,177
up €14,177 (+228%), from €6,222 to €20,399
of which Taxes: +€20,399
- Taxes +€24,709
up €24,709 (+130%), from €19,008 to €43,717
- Gross operating margin +€11,333
up €11,333 (+17.4%), from €65,228 to €76,561
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €149,606 | €211,294 | +€61,688 | +41.2% |
| Fixed assets | 21/28 | €210 | €210 | = | 0.0% |
| Financial fixed assets | 28 | €210 | €210 | = | 0.0% |
| Current assets | 29/58 | €149,396 | €211,084 | +€61,688 | +41.3% |
| Amounts receivable within one year | 40/41 | €19,378 | €29,109 | +€9,731 | +50.2% |
| Trade receivables | 40 | €3,046 | €7,975 | +€4,928 | +162% |
| Other amounts receivable | 41 | €16,331 | €21,134 | +€4,802 | +29.4% |
| Cash at bank and in hand | 54/58 | €130,018 | €181,905 | +€51,887 | +39.9% |
| Deferred charges and accrued income | 490/1 | - | €70 | +€70 | |
| Total equity and liabilities | 10/49 | €149,606 | €211,294 | +€61,688 | +41.2% |
| Equity | 10/15 | €133,087 | €165,110 | +€32,023 | +24.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €32,000 | +€32,000 | |
| Distributable reserves | 133 | - | €32,000 | +€32,000 | |
| Profit (loss) carried forward | 14 | €114,487 | €114,510 | +€23 | 0.0% |
| Amounts payable | 17/49 | €16,519 | €46,184 | +€29,665 | +180% |
| Amounts payable within one year | 42/48 | €16,519 | €46,184 | +€29,665 | +180% |
| Trade debts | 44 | €10,272 | €25,764 | +€15,492 | +151% |
| Suppliers | 440/4 | €10,272 | €25,764 | +€15,492 | +151% |
| Taxes, remuneration and social security | 45 | €6,222 | €20,399 | +€14,177 | +228% |
| Taxes | 450/3 | - | €20,399 | +€20,399 | |
| Remuneration and social security | 454/9 | €6,222 | - | -€6,222 | |
| Other amounts payable | 47/48 | €25 | €21 | -€4 | -17.5% |
| Other operating charges | 640/8 | - | €309 | +€309 | |
| Gross operating margin | 9900 | €65,228 | €76,561 | +€11,333 | +17.4% |
| Operating profit (loss) | 9901 | €65,228 | €76,252 | +€11,024 | +16.9% |
| Financial charges | 65/66B | €976 | €511 | -€465 | -47.6% |
| Recurring financial charges | 65 | €976 | €511 | -€465 | -47.6% |
| Profit (loss) for the period before taxes | 9903 | €64,253 | €75,741 | +€11,488 | +17.9% |
| Income taxes | 67/77 | €19,008 | €43,717 | +€24,709 | +130% |
| Profit (loss) for the period | 9904 | €45,244 | €32,023 | -€13,221 | -29.2% |
| Profit (loss) for the period to be appropriated | 9905 | €45,244 | €32,023 | -€13,221 | -29.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.